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Greetings fellow landlords. Multi unit was purchased a few years ago. Inherited a tenant that already had 2 adults and 3 small children living in a small 2b1ba house. What should we do if the tenant was expecting a 4t...
The 70% rule in real estate can be helpful when comparing properties and making a final determination on which one is the best investment. Understanding the ins and outs of this rule is imperative to using it to your ...
I just received my inspection report today a few hours after the inspection and am within my inspection contingency time period. Unfortunately, I was surprised to learn of potentially expensive issues with the foundat...
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Background:
I live in the greater Seattle area
-Iv house hacked a single family home (2 story / 3 bed / 2 bed) -10% down, purchase price $583,000, took a loan out on my stock portfolio to pay for the remodel (4% in...
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Need some advice and some basic questions about maxing out conventional financing before resorting to commercial financing/DSCR loans for STR. Im trying to figure out how much I can afford on my next acquisition bas...
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We have finished our second BRRR and can't find a lender to do a cash out refinance for us. It is actually our first rental property and has been rented for 1.5 years. Lenders are saying our income is too low. Our per...
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Hi all. New member here to BP. So I found a deal on a Single Family Residence. Its selling for 120K after estimated closing costs, cash only, in a neighborhood that is valued at lowest price 250k. Needs work roughly 3...
My tenants are on a 2 year fixed lease which ends in mid Feb 2025. They have been a pain in my 'side' and are so rude and entitled its beyond words. They are currently in breach of their lease.
1. 2 unpermitted do...
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TL;DR: Looking for a financial analyst/planner to help me with quantitative tradeoff analysis to help me decide whether I should sell (some subset of) my 5 rental properties so I can afford to purchase a single family...
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I purchased a few rental houses about six years ago, and want to refinance them to take advantage of these low rates. The deeds are in the name of my LLC now, but if I re-deed the properties in my personal name, I ca...